To schedule a showing of 5005 Gulf of Mexico Drive UNIT #4, Longboat Key, Florida, Call David Shippey at 863-521-4517 TODAY!

$7,495,000 Reduced -$305,000
5005 Gulf of Mexico Drive UNIT #4
Longboat Key, FL 34228
  • 4Beds
  • 5.00Total Baths
  • 4 Full, 1 HalfBaths
  • 4,630SqFt
  • 2018Year Built
  • 0.24Acres
  • MLS# A4673495
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market6 months, 26 days
  • Area34228 - Longboat Key
  • CountyManatee
  • Subdivision Bonaire At Longboat Key

Overview

Designed by award-winning architect, John Cooney, and built by Sarasota’s premier coastal homebuilder, Perrone Construction, this mid-Key classic is simply among Longboat Key’s finest homes. Walk in to this fully furnished home which is steps from the beach and with expansive Gulf and Bay views, this masterpiece offers more than 4300 square feet of refined interiors on the main living floors together with multiple large lanais and balconies. A beautiful foyer, large family room, and home gym are featured on the ground floor, along with an oversized three-car garage and storage room. The quality of the home’s design and construction are matched by the charm of the interior finishes and amenities. The living areas incorporate beautiful ceiling elevations, along with custom wide-plank hardwood, Italian porcelain tile, and custom plantation shutters and drapes. The Great Room flows into the chef’s kitchen which features custom cabinetry, quartz countertops, Wolf and SubZero appliances, and a temperature-controlled 275 bottle wine room. Designed for easy entertaining, the Great Room opens onto a large lanai with its gas fireplace and grill, and gorgeous Gulf and sunset views. Adjoining the kitchen is a perfect dining room with its own balcony and Gulf views, as well as a large family office/bonus room with custom cabinetry and bookshelves. The Lutron system controls both the lighting and the custom drapes and shades. The home’s elegant chandeliers and sconces bathe its interior with gracious warmth. The beautiful master suite on the main floor includes a bedroom cathedral ceiling and access to the outdoor lanai. The master bath features custom cabinetry, porcelain tile, a large steam shower, and is plumbed for a master bathtub. Three spacious guest suites, a gathering lounge, and balconies with Gulf views are found on the second living floor. A private elevator connects all levels. Both the home and exterior grounds are designed for year-round, low-maintenance living. An extensive landscape refresh in 2023 included new turf and lighting, an outdoor shower, and a great fire pit area for entertaining. Lush landscaping and a tranquil pool setting provide both screening and privacy. The home features remote controlled screening and storm shutters, extensive use of Azek composite, and other low-maintenance materials, along with a gas generator, whole-house water filtration system, central vacuum, and much more. With miles of pristine beach and bay to explore and with the abundant cultural, dining, and shopping amenities of Sarasota, St. Armand’s Circle, and Anna Maria Island nearby, this timeless home delivers the very best of Longboat Key living.



Agriculture / Farm

Association Fees / Info

Pets Allowed:  CatsOk, DogsOk

Hoa Frequency Rate:  1715

Association:  Yes

Hoa Fees Frequency:  Quarterly

Bathroom Info

Total Baths:  5.00

Fullbaths:  4

Building Info

Roof:  Other

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Pool Features:  Heated, InGround

Patio:  Balcony

Pool Private:  Yes

Exterior Features:  Balcony, Garden, SprinklerIrrigation, OutdoorKitchen, PrivateEntrance

Fees / Restrictions

Financial

Original Price:  $8,250,000

Disclosures:  CovenantsRestrictionsDisclosure

Garage / Parking

Attached Garage:  Yes

Garage:  Yes

Green / Env Info

Interior Features

Fireplace Desc:  Gas, LivingRoom

Fireplace:  Yes

Floors:  Carpet, CeramicTile, EngineeredHardwood

Levels:  ThreeOrMore

Spa:  Yes

Laundry Features:  LaundryRoom

Interior Features:  CeilingFans

Appliances:  BarFridge, BuiltInOven, ConvectionOven, Cooktop, Dryer, Dishwasher, ElectricWaterHeater, Disposal, IceMaker, Microwave, Refrigerator

Spa Features:  Heated, InGround

Lot Info

Direction Remarks:  Gulf of Mexico Dr to 5005

Lot Size Units:  Acres

Lot Size Acres:  0.24

Lot Sqft:  10,454

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  36

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Construction Materials:  Block

Total Stories:  2

Foundation:  Slab

Human Modified:  Yes

Room Info

Total Rooms:  14

Sqft Info

Sqft:  4,630

Bulding Area Sqft:  7,976

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  4

Tax Legal Description:  UNIT 4 BONAIRE AT LONGBOAT KEY PI#80092.0025/9

Tax Annual Amount:  30970.79

Unit Info

Unit:  4

Utilities / Hvac

Heating:  Central

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableConnected, ElectricityConnected

Waterfront / Water

Waterfront Features:  BeachAccess

View:  Yes

Water Body Name:  GULF OF MEXICO

View:  Beach, Water

Directions

Gulf of Mexico Dr to 5005

This listing courtesy of Developers Realty Lbk, Inc 

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Price & Status History (on davidshippey.com since Thu, Dec 18th 2025)
  • Original Price: $8,250,000
  • Current Price: $7,495,000
  • Price Reduced: $755,000
Date ChangedFromTo
05/08/2026$7,800,000 $7,495,000 Reduced by $305,000
03/26/2026$8,250,000 $7,800,000 Reduced by $450,000

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If you have any questions on 5005 Gulf of Mexico Drive UNIT #4, Longboat Key, Florida, please call David Shippey at 863-521-4517.


MLS# A4673495 located at 5005 Gulf of Mexico Drive UNIT #4, Longboat Key, Florida is brought to you by David Shippey REALTOR®

5005 Gulf of Mexico Drive UNIT #4, Longboat Key, Florida has 4 Beds, 4 Full Bath, and 1 Half Bath.
The MLS Number for 5005 Gulf of Mexico Drive UNIT #4, Longboat Key, Florida is A4673495.
The price for 5005 Gulf of Mexico Drive UNIT #4, Longboat Key, Florida is $7,495,000.
The status of 5005 Gulf of Mexico Drive UNIT #4, Longboat Key, Florida is Active.
The subdivision of 5005 Gulf of Mexico Drive UNIT #4, Longboat Key, Florida is Bonaire At Longboat Key.
The home located at 5005 Gulf of Mexico Drive UNIT #4, Longboat Key, Florida was built in 2026.